The mechanism of the gold loan and its use in the gold mining industry

The essence of the gold loan and its role in the formation of the market of the precious metals have been considered. The gold mining companies are stated to be the main users of the borrowed gold. The main uses of the gold loans have been presented, including uses by gold mining companies, for the...

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Main Authors: V. T. Borisovich, Z. M. Nazarova, B. S. Madzhidov
Format: Article
Language:Russian
Published: Sergo Ordzhonikidze Russian State University for Geological Prospecting 2017-06-01
Series:Известия высших учебных заведений: Геология и разведка
Subjects:
Online Access:https://www.geology-mgri.ru/jour/article/view/229
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author V. T. Borisovich
Z. M. Nazarova
B. S. Madzhidov
author_facet V. T. Borisovich
Z. M. Nazarova
B. S. Madzhidov
author_sort V. T. Borisovich
collection DOAJ
description The essence of the gold loan and its role in the formation of the market of the precious metals have been considered. The gold mining companies are stated to be the main users of the borrowed gold. The main uses of the gold loans have been presented, including uses by gold mining companies, for the development of the mining industry and refinancing the debt. The modern problems of the functioning of the market for gold loans have been considered. The role of Central and commercial banks in the development of the market for gold loans has been reflected. The mechanism of the operation of the gold loan has been represented. The benefits of the gold credit for the gold mining industry compared to a conventional loan have been reflected.
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publishDate 2017-06-01
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record_format Article
series Известия высших учебных заведений: Геология и разведка
spelling doaj-art-236f7c8d29cf4bfa87a18eda274c88e72025-08-20T03:57:48ZrusSergo Ordzhonikidze Russian State University for Geological ProspectingИзвестия высших учебных заведений: Геология и разведка0016-77622618-87082017-06-0103313610.32454/0016-7762-2017-3-31-36229The mechanism of the gold loan and its use in the gold mining industryV. T. Borisovich0Z. M. Nazarova1B. S. Madzhidov2Russian State Geological Prospecting UniversityRussian State Geological Prospecting UniversityOOO «STK Aprelevka»The essence of the gold loan and its role in the formation of the market of the precious metals have been considered. The gold mining companies are stated to be the main users of the borrowed gold. The main uses of the gold loans have been presented, including uses by gold mining companies, for the development of the mining industry and refinancing the debt. The modern problems of the functioning of the market for gold loans have been considered. The role of Central and commercial banks in the development of the market for gold loans has been reflected. The mechanism of the operation of the gold loan has been represented. The benefits of the gold credit for the gold mining industry compared to a conventional loan have been reflected.https://www.geology-mgri.ru/jour/article/view/229gold loanprecious metals marketgold industrycentral and commercial banksmechanism of the gold loan
spellingShingle V. T. Borisovich
Z. M. Nazarova
B. S. Madzhidov
The mechanism of the gold loan and its use in the gold mining industry
Известия высших учебных заведений: Геология и разведка
gold loan
precious metals market
gold industry
central and commercial banks
mechanism of the gold loan
title The mechanism of the gold loan and its use in the gold mining industry
title_full The mechanism of the gold loan and its use in the gold mining industry
title_fullStr The mechanism of the gold loan and its use in the gold mining industry
title_full_unstemmed The mechanism of the gold loan and its use in the gold mining industry
title_short The mechanism of the gold loan and its use in the gold mining industry
title_sort mechanism of the gold loan and its use in the gold mining industry
topic gold loan
precious metals market
gold industry
central and commercial banks
mechanism of the gold loan
url https://www.geology-mgri.ru/jour/article/view/229
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AT zmnazarova themechanismofthegoldloananditsuseinthegoldminingindustry
AT bsmadzhidov themechanismofthegoldloananditsuseinthegoldminingindustry
AT vtborisovich mechanismofthegoldloananditsuseinthegoldminingindustry
AT zmnazarova mechanismofthegoldloananditsuseinthegoldminingindustry
AT bsmadzhidov mechanismofthegoldloananditsuseinthegoldminingindustry